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100 W 28Th Ave Pampa, TX 79065

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For Sale
$1,600,000

NNN leased Take 5 Oil Change in Pampa, Texas.

Property size:
1,392 SF
Lot size:
0.18 Acres

Property Features for 100 W 28Th Ave

General Information

Size
1,392 SF
Lot size
0.18 Acres

Source: NNN Pro Group Agent Glen Kunofsky

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Take 5 Oil Change Investment

This property features a Take 5 Oil Change situated at the southeast corner of Perryton Parkway and East 28th Avenue in Pampa, Texas. The building encompasses approximately 1,392 square feet and is positioned on an estimated 0.33-acre parcel. Subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow, the property generates a current annual rent of $100,000. The lease includes scheduled rental increases of 1.50% annually, beginning in the second year, and continuing through each of the four, 5-year renewal options. The lease is corporately guaranteed by Driven Funding Holdco, LLC, which operates over 3,500 units.
Location Intelligence

Current Use by Public Records

Take 5 Oil ... Oil Change Service

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Take 5 Oil Change, Jaron Technologies LLC, Walmart Auto Care Centers, Delete Dents Auto Body Repair & Paintless Dent Removal, Toot'n Totum Car Care Center (Perryton Pkwy)

Location Insight

  • Map
  • Local Demand
City
Pampa
County
Gray
State
Texas
Longitude
-100.964453
Latitude
35.568958

FAQs

What type of property is this?
Auto shop - NNN leased Take 5 Oil Change in Pampa, Texas.
Where is this auto shop located?
The property is located at 100 W 28Th Ave Pampa, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: - Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback; - Corporate Guarantee from Driven Funding Holdco, LLC (3,500+ Units); - Attractive Rental Increases | 1.50% Annually Starting Year 2
More about this property
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